Fineco posts higher than expected third quarter profit
05/11/2025 06:15
MILAN, Nov 5 (Reuters) - Italian asset gatherer Fineco FBK.MI on Wednesday posted higher than expected third quarter profits, with revenues holding broadly stable compared to a year earlier. Fineco said net income for the July-September period totalled 162.7 million euros ($190 million), above a Visible Alpha analyst consensus of 154 million euros. Revenues came in at 325 million euros, in line with the third quarter of 2024, surpassing an analyst consensus forecast of 314 million. ($1 = 0.8575 euros) (Reporting by Valentina Za, editing by Alvise Armellini) ((valentina.za@thomsonreuters.com; +39 02 6612 9526;))
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